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BEIJING, Feb. 10 (Xinhua) -- The Chinese currency, or the yuan, on Thursday rose to a fresh high of 6.5849 against the U.S. dollar, according to the China Foreign Exchange Trading System.The central parity rate of the yuan, or RMB, was 1 basis point higher than the previous record of 6.585 set on Feb. 9, the previous trading day.The central parity rate has risen against the dollar for a three consecutive trading days.China's central bank announced on June 19 last year that it would further reform the yuan exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

LONDON, March 15 (Xinhua) -- The moon would be in a "super position" on Saturday, which makes it a "supermoon" and the web is awash with myths about its implications such as connection to recent earthquakes, but that's not the case according to British experts.Technically the so-called "supermoon" means that the moon would be in its perigee, the closest point to earth in its orbit on March 19, and on top of that, it would also be a full moon at the same time.The massive earthquake in Japan just fueled the speculation that the gravitational pull of the "supermoon" will bring chaos to the Earth, such as earthquakes and volcanic activities.But "there is little that is special about perigee on March 19," said Dr. Robert Massey, deputy executive secretary of the Royal Astronomical Society. He said the moon will be around 360,000 km from the earth on that day, but this has happened at least 15 times during the last 400 years."There is no reason whatsoever to believe that there is a connection between the so-called 'supermoon' and the recent earthquake," Massey told Xinhua. "There are also no other 'abnormal' phenomena connected with a 'supermoon' other than the high tides that we experience twice every month."Massey was echoed by Dr. Bruce Malamud, a geophysicist in the Department of Geography at King's College London, who that: "A supermoon will not be able to actually influence at all the internal workings of our Planet Earth, as there is so much momentum and mass already stored up, that the actual effect is negligible.""The earthquake took place a full 8 days before the 'supermoon' meaning that the tidal forces exerted by the moon and sun together were near their minimum rather than maximum level, directly contradicting the fearmongers," said Massey.Calling the "supermoon" claims "bogus science," he questioned the motives of those who made such claims on the day that thousands of people died in a severe earthquake and the ensuing tsunami.

BEIJING, Feb. 18 (Xinhua) -- In the next five years, China will further expand the coverage of its basic medical insurance system and ease the cost of medical services, Health Minister Chen Zhu said Friday.Chen made the remarks while addressing a meeting for the reform of the health care system.The medical expenditure that shouldered by individuals had been cut to 38.2 percent of China's annual overall spending on medical services in 2009, down from 60 percent in 2001, thanks to increasing government funding support for the measure, said Chen.He said the country is striving to bring down the ratio to below 30 percent by the end of the country's 12th five-year plan period (2011-2015).China is steadily pushing towards the implementation of a basic medicine system which aims to ensure affordable access to essential drugs for patients, Chen said.In the areas already covered by basic medicine system, the average price of basic medicine has dropped by around 30 percent, Chen added.He said that the reform of government-run hospitals, which is key to ensure that the masses gain universal access to basic health care services, must be undertaken.In 2011, more measures will be made to restructure the distribution of public hospitals, reform government-run traditional Chinese medical institutions and support building and developing hospitals in county-level regions, Chen said.

BEIJING, Feb. 12 (Xinhua)-- China said late Saturday that members of the United Nations should work for a broadly-based consensus on the reform of the UN Security Council.Foreign Ministry spokesman Ma Zhaoxu made the remarks in response to a relevant question.Media reports had it that a recently-released declaration by some countries said most of UN member nations supported enlarging the council with new permanent and non-permanent members, and insisted tangible results be achieved in this regard during the Current Session of the UN General Assembly.Ma said China held that UN member nations should seek for a package of solutions for the reform, on the basis of broad and democratic consultation among member nations to accommodate interests and concerns of all parties.He said though some positive progress had been made since inter-government negotiations regarding the reform of the UN Security Council were launched, there were still serious differences within all parties over certain important issues about the reform.China advocated that the more differences the member countries had on the reform, the more necessary for UN member nations to enhance dialogue and consultation, he said."Experience has proven that presetting results for the reform or forcing premature reform plans will not only undermine the unity of UN member nations, but also harm the reform process, which will not be in line with any party's interests," he said.China is ready to maintain contact with all relevant parties, and make joint efforts with other member nations to push forward the reform in a way which can be conducive to safeguarding the overall interests of UN and the unity of the member nations, said Ma.

BAODING, Hebei, Feb. 3 (Xinhua) -- Chinese President Hu Jintao Thursday called for efforts to promote welfare for senior citizens and vowed to improve the country's health care system to make medical services more affordable.Hu made the call during a three-day inspection tour in Baoding City of northern province of Hebei starting on Tuesday, during which he visited orphans, talked to senior citizens and extended festival greetings to local residents.At a nursing center in Shunping County of Baoding City, Hu offered New Year greetings to senior citizens, orphans and staff of the center.Hu wished the senior citizens good health and a long life, encouraged orphans to study hard, and thanked the staff for the care given to the aged.The Communist Party of China (CPC) and the government will make strenuous efforts to improve the welfare of seniors and make sure their difficulties are solved and they have access to better services, Hu said.When visiting Zhao Helou, a Baoding retiree who has been hospitalized several times and living in difficult circumstances, Hu promised assistance from the Party and the government to help Zhao tide over her problems.The health care and medical insurance system would be improved in the future to tackle people's difficulties in medical care, Hu promised.During his visit to Baoding, Hu also inspected drought conditions at wheat fields, joined villagers during New Year celebrations and extended Spring Festival greetings to passengers, station workers and volunteers.Hu, who is also general secretary of the CPC Central Committee, was briefed on the work of Hebei's provincial committee of the CPC and the provincial government during his tour.